Continuous Testing Market Report 2024-2033: Size, Share, Growth, Trends, Analysis, Demand, Forecast, Competitive Landscape

The new report published by The Business Research Company, titled ""Continuous Testing Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the continuous testing market size has grown rapidly in recent years. It will grow from $2.59 billion in 2023 to $3.05 billion in 2024 at a compound annual growth rate (CAGR) of 17.7%. The continuous testing market size is expected to see rapid growth in the next few years. It will grow to $5.90 billion in 2028 at a compound annual growth rate (CAGR) of 17.9%.

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Increasing Demand For IoT Devices Driving Continuous Testing Market Growth
The increasing demand for IoT devices is expected to propel the growth of the continuous testing market going forward. IoT (Internet of Things) devices refer to specialized computing hardware like sensors, actuators, or appliances that wirelessly connect to a network, enabling them to transmit data and interact over the Internet. The adoption of IoT (Internet of Things) devices is on the rise due to several key factors, including the proliferation of high-speed internet and wireless networks, the declining cost of hardware components, and the growing demand for smart devices. IoT devices can simulate various environmental factors like temperature, humidity, pressure, and motion to enable testers to validate the performance of their applications under different conditions. Test automation tools can interact with IoT devices to perform functional, performance, and compatibility testing across a wide range of devices and configurations. For instance, in August 2022, according to the report published by the Health Sector Cybersecurity Coordination Center (HC3), a US-based part of the Department of Health and Human Services (HHS) Cybersecurity Program, approximately 7 billion devices are connected through the Internet of Things (IoT) in 2022, and projections indicate substantial growth, with an estimated 20 billion additional devices expected to leverage this technology by the year 2025. Therefore, increasing demand for IoT devices is driving the growth of the continuous testing market.

Introduction Of Virtual Mobile Grid Service For Enhanced Mobile Application Testing
Major companies operating in the continuous testing market are focused on introducing advanced continuous testing services, such as virtual mobile grid services, to gain a competitive edge in the market. A virtual mobile grid service is a cloud-based service that allows for testing mobile applications at scale by providing the ability to author, execute, and analyze tests across thousands of real and virtual devices. For instance, in October 2023, Tricentis GmbH, an Austria-based software testing company, launched the Virtual Mobile Grid service to its mobile application testing grid portfolio to make it simpler to test mobile applications at scale. This service provides solutions for mobile application testing that address various challenges faced by development teams in ensuring the quality and performance of mobile apps across different devices and platforms. It can also automatically create and run tests, streamlining the testing process and ensuring that tests are conducted efficiently before deployment in a production environment.

The continuous testing market covered in this report is segmented -
1) By Component Type: Software, Services
2) By Platform Type: Web, Desktop, Mobile
3) By Deployment Type: Cloud, On-Premises
4) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
5) By End-Use: Banking, Financial Services, And Insurance (BFSI), Retail And Consumer Goods, Transportation And Logistics, Healthcare, Manufacturing, Telecom And Information Technology, Energy And Utilities, Government, Media And Entertainment, Other End-Users

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Major companies operating in the continuous testing market are International Business Machine Corporation, Broadcom Inc., Capgemini SE, Cognizant Technology Solutions India Private Limited., HCL Technologies Limited, Atos SE, Tech Mahindra Limited, EPAM Systems Inc., Micro Focus International plc , Larsen and Toubro Infotech Limited, QualiTest Group, Mindtree Consulting Limited, Hexaware Technologies Limited, Vector Software Inc., Sauce Labs Inc., Spirent Communications plc, Parasoft Corporation, Tricentis India Pvt. Ltd., Applause Quality Inc., Cigniti Technologies Limited (Cigniti), NIIT Technologies Limited, QA Mentor, SmartBear Software LLC, Worksoft Inc., Appvance Inc., Kobiton Inc., LogiGear Corporation, Softcrylic LLC, PractiTest Ltd., Testplant Limited

Contents of the report:
1. Executive Summary
2. Continuous Testing Market Report Structure
3. Continuous Testing Market Trends And Strategies
4. Continuous Testing Market - Macro Economic Scenario
5. Continuous Testing Market Size And Growth
…..
27. Continuous Testing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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